SOURCE: World Poker Store

May 13, 2008 10:00 ET

The World Poker Store, Inc. Announces New Board Member and Management Promotion

ST. PAUL, MN--(Marketwire - May 13, 2008) - The World Poker Store, Inc. (PINKSHEETS: WPKS), an international entertainment company, announces changes to its board of directors and management team.

The company is pleased to add Lili Pan to its board of directors. Mr. Pan has been a consultant to the company and pivotal to the expansion into China. Mr. Pan has also been appointed to an executive level position at the company's Chinese subsidiary, Shenzhen WPS Entertainment Development Co. Ltd., where he will focus on expanding operations into additional Chinese cities. Mr. Pan is a native of China, earned a BA degree from Hunan Agricultural University, a MS degree from the University of Minnesota, and a MBA from the University of St. Thomas. Over the last fourteen years Mr. Pan has worked with American businesses to expand their opportunities in China, and has worked on developing sister-city relationships between China and United States cities. Mr. Pan is an Economic Development Advisor to the city of Loudi China, and a former Vice President of the Chinese American Business Association of Minnesota.

Greg Needham, Board Member and Vice President of Marketing and Business Development, has been promoted to Chief Operating Officer. Mr. Needham has been with the company since its inception and has played a crucial role in developing the Bar Poker League and the Player Card system into a scalable international opportunity.

Philip Wood and David Riggs have stepped down from the Board of Directors.

About The World Poker Store, Inc.

The company is currently expanding The Bar Poker League and its proprietary Player Card system through license agreements and league sponsorships in the United States and Europe. Further expansion into China continues with company owned and operated upscale, membership based, entertainment clubs that offer Las Vegas style entertainment, Texas Hold 'em poker tournaments and VIP amenities. The company also continues to benefit from the support of its advisory board of world class poker players Marcel Luske, Phil Hellmuth, Johnny Chan, Patrik Antonius, Hoyt Corkins and Liz Lieu. Additional information about the company can be found on its website

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

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